Build up for your next investment.I'm not actually spending any of the investment money on myself for a car or vacation.

You can spend $150-200k and easily hit 1%.

As long as it cleans my bum I don't really spend a lot of time thinking about it, and I suspect most of your guests won't either.  

You'll spend more chasing them than you'll collect.

Finding a decent contractor might be one you want to spend more time on in the start since it could take longer to find.

If you're an investor Broker / Property Manger in this business you get 100's and 100's of investors reaching out to you wanting to spend the day with you while they are in town.

Spend more than half of your total working hours in an RE business in which you materially participate.2.

There are multiple billion dollar companies dumping money into the city, such as Intel, Google, Honda, and Amazon.

If its the latter then I always caution people spending money to save some is not always a good strategy.

For example when someone wants to have financial freedom and spend more time with family, but then sets a goal by creating a heavy active income stream that involves their personal involvement daily.